New Jersey Resources

Director Gas Supply

New Jersey Resources  •  $148k - $207k/yr  •  New Jersey (Hybrid)  •  7 days ago
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Job Description

Step into a future fueled by innovation, sustainability and purpose. At our Fortune 1000 diversified energy company, we’re not just shaping a cleaner energy future, we’re building a workplace where you can thrive. Join a team that values community, flexibility and growth, and enjoy competitive pay, comprehensive benefits and a culture that supports your personal and professional development. Let’s energize the future together.
New Jersey Natural Gas (NJNG), a subsidiary of New Jersey Resources, is seeking a Director Gas Supply to lead and manage NJNG Gas Supply group. Oversee the execution of trades that optimize the asset portfolio to generate savings and reduce costs for NJNG system supply. Ensure reliable supply is secured for city gate requirements. Responsible for contract renewal, extension or restructuring. Responsible for developing and managing NJNG's regulatory strategy to support and advance the Company's gas supply strategies. The position requires communicating with NJBPU and NJ Division of Rate Counsel Staff to support the Company goal of meeting its regulatory objectives.
Position Responsibilities:
• Lead, direct, and manage a gas supply team, including providing technical guidance, career development, and performance coaching.
• Develop and execute long-term and short-term gas supply strategies, including procurement, storage, and transportation.
• Negotiate and manage contracts with gas producers, marketers, and pipeline/storage operators.
• Maintain a thorough understanding of natural gas market structure, drivers, supply & demand, as well as price setting mechanisms.
• Oversee the preparation and execution of annual BGSS rate filings, including testimony, schedules, exhibits and work papers.
• Ensure design day study is completed each year and adequate supply secured to meet peak day demand.
• Build and maintain relationships, trust and credibility with the BPU and Rate Counsel staff, including their independent consultants.
• Serve as the primary gas supply representative for the utility with regulators and industry associations. This includes presenting the Company's positions, testifying at hearings, and negotiating outcomes.
• Accountable for and manage the preparation and accurate completion of discovery requests in annual BGSS proceedings, management audit or other proceedings involving gas supply.
• Monitor FERC, NAESB, and other proceedings that impact the costs or quality of service provided to NJNG’s customers.
• Attend and participate in NJNG Risk Management Committee meetings.
• Must adhere to Risk Management Guidelines, Company Code of Conduct, all relevant Pipeline/FERC/BPU rules.
• Ensure that appropriate policies, procedures and analysis for NJNG Gas Supply are being updated and adhered to.
Position Requirements:
• Bachelor’s degree in finance, accounting, economics, business, or related field is required, master’s or graduate degree preferred
• 10+ years of natural gas trading experience, ideally within a regulated utility environment
• Knowledge of natural gas industry processes, with a focus on energy trading, asset optimization and utility operations such as front and middle office (e.g. trading, pricing, risk analysis), back-office operations, regulatory/compliance, accounting/financial.
• Knowledge and understanding of regional pipeline/storage infrastructure and respective supply and demand composition and working relationships with key participants (producers/pipelines/utilities/end users/traders).
• Exceptional written and oral communication skills are necessary for effective stakeholder engagement, preparing regulatory filings, and delivering testimony.
• Ability to be persuasive and collaborate effectively with diverse internal and external stakeholders, from team members to regulatory staff, is key to influencing decisions and outcomes.
• Experience in managing and coaching direct reports and establishing career development plans by identifying development goals, milestones, and measures.
• Strong negotiation skills to drive favorable outcomes with internal and external stakeholders.
• Knowledge of the regulated and deregulated natural gas industry, including market dynamics and compliance requirements.
• Exceptional problem-solving abilities, with a track record of identifying issues and implementing effective solutions under pressure.
• Travel requirement 20%
* The above job description is reflective of the primary duties of this position and in no way limits the supervisor from assigning any other duties, responsibilities or initiatives as deemed necessary.
Other Details:
Job Location Type is Hybrid.
Compensation: Expected base pay range for this role will be $147,500 to $206,500.
Base pay is based on several factors including, experience, skills, and knowledge.
This role will be eligible to participate in an annual short term incentive program.
Benefits That Support You
• Day one medical coverage, including prescription, vision and dental plans, so you’re supported right away.
• Our 401(k) plan has a generous company match to help you invest in your future.
• Employee Stock Purchase Program so you can share in the company’s success.
• Wellness perks, including free on and off site fitness centers and other programs to keep you feeling your best.
• A confidential Employee Assistance Program to support your wellbeing.
• Professional development and tuition reimbursement to help grow your skills and advance your career.
• Vacation and company-paid holidays, so you can rest and recharge.
• Flexible work arrangements with many roles offering hybrid options based on job responsibilities and business needs.
New Jersey Resources is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, gender identity and/or expression, national origin, disability, veteran, or other protected status.
New Jersey Resources

About New Jersey Resources

New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses:

•New Jersey Natural Gas, NJR’s principal subsidiary, operates and maintains over 7,400 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean and parts of Morris, Middlesex and Burlington counties.

•NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of more than 300 megawatts, providing residential and commercial customers with low-carbon solutions.

•NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.

•NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers through its 50 percent equity ownership in the Steckman Ridge natural gas storage facility and its 20 percent equity interest in the PennEast Pipeline Project.

•NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators and other indoor and outdoor comfort products to residential homes throughout New Jersey.

NJR and its more than 1,000 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

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Industry
Energy & Utilities
Company Size
201-500 employees
Headquarters
Wall Township, New Jersey
Year Founded
1952
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